High crude oil prices had the biggest impact on the trade balance. Exports also grew but their growth was offset.
Tatsuya Torikoshi
The improvement in the unemployment rate confirmed that the Japanese economy is heading towards a steady recovery, albeit at at moderate pace.
improvement japanese economy recovery unemployment
growth balance impact oil trade
Key economic data released recently such as the December consumer price index and industrial output data also show that Japan is emerging from deflation. Today's data emerged in line with this trend.
key data japan price
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